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This paper studies bilateral contracting where multiple principals negotiate contracts with multiple agents independently.
An agent can serve multiple principals at once, even principals that are competing with one another.
Multiple principals want to obtain income from a privately informed agent and design their contracts non-cooperatively.
This paper considers dynamic games in which multiple principals contract sequentially and non-cooperatively with the same agent.
First, there are multiple principals.
The first is the competition between multiple principals.
Similar(26)
A new class of materials called high-entropy alloys (HEAs) constitutes multiple principal elements in similar compositional fractions.
This approach is well-suited to parallel implementation when it is used for iterative estimation of multiple principal components by a deflation method.
The results show that the proposed method is capable of extracting multiple principal components in parallel with fast convergence speed and high tracking accuracy.
It simply restated that in a little-known loophole adopted in the late 1970s, "country members can ask to bundle together multiple principal payments falling due in a calendar month".
"Under an executive board decision adopted in the late 1970s, country members can ask to bundle together multiple principal payments falling due in a calendar month (payments of interest cannot be included in the bundle).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com